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Finance 2025: Optimizing the close-to-report window

Finance 2025: Optimizing the close-to-report window

FromPwC's accounting podcast


Finance 2025: Optimizing the close-to-report window

FromPwC's accounting podcast

ratings:
Length:
34 minutes
Released:
Feb 10, 2022
Format:
Podcast episode

Description

In our Finance 2025 podcast series, we give listeners a look at the future of finance and the evolutionary road to get there. We’re asking: what will the modern finance organization look like in the year 2025?This week Heather Horn sat down with Debra Skorupka, a partner in PwC’s finance transformation practice, to discuss what companies with the shortest windows of time between the balance sheet date and filing of reports do differently that allows them to achieve quality results.In this episode, you’ll find:3:52 - Trends transforming the dynamics of the close process6:58 - How to break down the close process into components that can be optimized individually and holistically13:28 - Real-time close and continuous close: the possibilities beyond the traditional one-time close17:52 - The role of qualitative and quantitative reporting through the lens of the company’s overall strategy22:12 - Addressing change management issues resulting from data-driven transformation27:16 - How to jumpstart transformation with minimal effort31:18 - The future of the close and reporting processWant to learn more?Check out PwC’s Tech Effect, a digital resource for busy leaders.Listen to our previous podcasts in the series, Finance 2025: Transformation made practical, Finance 2025: Transforming with a people-first mindset, and Finance 2025: How to unlock the promise of automation.Debra Skorupka is a partner in PwC’s finance transformation practice. With over 18 years of client service experience, she advises on large-scale transformation projects that result from mergers/IPOs and other significant business changes. Debra leads the Finance & Infrastructure practice for the firm’s Technology, Media, and Telecommunications sector. Heather Horn is a Deputy Chief Accountant in PwC’s National Office and leader of the thought leadership group, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series, as well as periodic webcasts for the power and utilities industry. With over 30 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.
Released:
Feb 10, 2022
Format:
Podcast episode

Titles in the series (100)

Our accounting podcast features PwC specialists discussing today's most compelling accounting, regulatory and financial reporting issues. From the new leases and revenue standards to CECL to LIBOR rate replacement, PwC Partner Heather Horn hosts each episode tackling a single topic and providing listeners with key takeaways to stay informed on these important accounting matters.